<p>Are you both planning on attending school full time?
If you attend less than full time, that will affect aid.
If you are both full time, expect time commitment to be a full time job, you may want to consider that since you have been a stay at home mom with two kids.
Its true that you could split child care, by one attending days and the other nights, but then you still need to keep up your studies as well.</p>
<p>If your EFC is actually zero, and the cost of attending the school is say $10,000 and they allow you $10,000 for room and board- that doesn’t mean that you will be given $20,000.
Even at schools that meet 100% of need ( and those schools often require the PROFILE form which adds in more assets), that need can be met with any combination of work-study, loans and grants.</p>
<p>Another caution, I am unclear as to if you pay to have someone prepare your taxes or if they are just going through receipts and telling you what to deduct.
If you have someone prepare your taxes, their number should also be on the form and they should sign it. Most firms will also guarantee to represent you if you are audited, and unfortunately that seems to happen more with those who are self employed- forewarned is forearmed.
[Publication</a> 535 (2008), Business Expenses](<a href=“http://www.irs.gov/publications/p535/ch01.html#en_US_publink1000141995]Publication”>http://www.irs.gov/publications/p535/ch01.html#en_US_publink1000141995)</p>
<p>It just makes me nervous that his total income is double his taxable income- that just seems off to me and since only two states ( Ca and Or) regulate tax preparers, that makes me nervous too.</p>